The preferences theory of comparative advantage is based on the concept of

Name: The preferences theory of comparative advantage is based on the concept of
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The preferences theory of comparative advantage is based on the idea that countries specialize in the production and export of goods that appeal to their consumers' preferences. This theory focuses on product differentiation, or creating unique products that meet consumer needs and wants, as the basis for international trade.

The Preferences Theory of Comparative Advantage Is Based on the Concept